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Airfares peaking as travellers in Europe, Asia seek savings

Airfares peaking as travellers in Europe, Asia seek savings
cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.

Airfares peaking as travellers in Europe, Asia seek savings

Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited.

Analysis-Airfares peaking as travellers in Europe, Asia seek savings

Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability. Budget carrier Ryanair's CEO Michael O'Leary this month warned ticket prices would grow less than expected, sending European airline shares down. "It is a bit surprising that pricing hasn't been stronger and we're not quite sure whether that's just consumer sentiment or recessionary feel around Europe," O'Leary said.

Analysis-Airfares Peaking as Travellers in Europe, Asia Seek Savings

Analysis-Airfares Peaking as Travellers in Europe, Asia Seek Savings
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Analysis: Airfares peaking as travelers in Europe, Asia seek savings

Analysis: Airfares peaking as travelers in Europe, Asia seek savings
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